Nvidia CFO Colette Kress Earnings Over The Years

Colette M Kress, the NVIDIA corporation’s chief financial officer and Executive Vice President, has achieved a ton of success in her life. Kress has undoubtedly played an essential role in changing the company and making its finances proliferate.

But how much has her finances grown, and what are Nvidia CFO Colette Kress Earnings? Where did Kress study, and how did she become so good in finances and career?

Let’s find out in this article about Nvidia CFO Colette Kress Earnings where we will discuss her earnings over these past years.

Experienced Professional

Colette, one of the world’s most highly-paid female CFOs like Ruth Porat, began her professional career with Texas Instruments.

Previously, she earned an MBA from Southern Methodist University. Further, she has a BSC in Finance from the University of Arizona.

Kress quickly began her career, reaching heights she never dreamed of. Before joining NVIDIA, Colette was already profiting from her rising career.

Nvidia CFO Colette Kress Earnings. Image Credit: Social Media.

From 1997 to 2010, Kress worked for Microsoft as server/tools CFO and made a big name, marking many vital milestones. Kress then worked as a senior vice president of Cisco Systems.

Collette also worked as a financial officer for the Business Technology and Operation Finance Organization from 2010 to 2013.

In the same year, Kress started to work for NVIDIA, and the rest is history. From Nvidia H100 to its latest competitions in AI chips, Kress has worked tirelessly.

Nvidia CFO Colette Kress Earnings

In Colette’s offer letter when she joined NVIDIA, it was mentioned that she would earn half a million dollars annually and get a yearly bonus aimed at 110% of her base income.

Kress also got a sign-on bonus of 1.5 Million Dollars and a $1 million dollars bonus in her first year.

Kress received 220,000 restricted stock units of NVIDIA when she was hired. In 2021, her salary went up to $915,620 yearly, and she got a $600,000 bonus.

Nvidia CFO Colette Kress Earnings. Image Credit: Social Media.

In 2022, Kress made $9,775,927 at NVIDIA. This includes her base salary, bonus, and stork rewards.

In 2023, Colette earned a total compensation of $10,917,228, which included salary, stock rewards, and other benefits.

As Nvidia’s CFO, she received a total compensation of $13,266,792 in 2024, including $896,863 as salary, $600,000 as a bonus, $11,756,027 in stock awards, and $13,902 from other compensation.

Currently, in 2024, based on Colette’s salary, bonus, shares, and other compensation, she has an estimated network of around $700 million.

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Share Ownership and Stock Trades

One of the main reasons for Kress’s wealth is her stock and shares of NVIDIA.

As of September 20, 2024, Kress Colette owned 5,729,894 shares of NVIDIA Corp (NVDA), valued at $688 million.

Nvidia CFO Colette Kress Earnings. Image Credit: Social Media.

Since starting to work for NVIDIA, she has made over 13 trades of NVIDIA stock. In August 2023, Colette sold 4,980 units of NVDA stock worth $2,294,485.

Even though Kress occasionally sells her stock, she still has around 499,428 units of NVIDIA Corp Stock.

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Career Milestone

As an Executive Vice President and Chief Financial Officer of NVIDIA, Kress is essential to the company.

Kress nearly watches over all the financial strategies and planning for NVIDIA.

Colette even looks after all the reporting and business development of NVIDIA’s business divisions and operations departments.

Kress’s ton of experience managing large budgets and previous experience in finance are colossal help to take NVIDIA further.

Reaching New Heights In NVIDIA

Kress has made a lot of progress and has enormously influenced NVIDIA.

Due to Kress’s works, NVIDIA has been dominating the GPU space, and as NVIDIA explores further sucess, Kress is bound to get more successful.

With such a fantastic career record and COlette’s current work, it will be fun to see her achieve even more significant milestones and rise to the top.

Kress Roles in Nvidia Success

Colette Kress’s CFO leadership at Nvidia has been instrumental in the company’s success with Wall Street and is key to Jensen Huang‘s vision. When she entered, the company was known mainly by gamers who were wowed by its graphics processing chips.

Now, Nvidia is one of the top AI companies producing chips that power AI services like OpneAI’s ChatGPT and one of the most valuable companies in the world. Kress herself is one of the most influential women in tech.

Kress’s then 8- and 10-year-old sons advised her to join the company in 2013. However, Huang persuaded Kress to come aboard as the company began to position itself as a key player in the growing AI industry. When she started Nvidia, it was the smallest company she had ever worked for.

FAQs

Q. What is Kress’s net worth?

A. Colette Kress has an estimated net worth of around $700 Million.

Q. Who is Colette M. Kress?

A. Colette Kress is executive vice president and chief financial officer of NVIDIA.

Q. What is the net worth of NVIDIA?

A. NVIDIA has a market cap of $2.87 trillion as of October 1, 2024.

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